New York Statutes

§ 489-I — Earnings ratio

New York·Law RPT Real Property Tax·Title 2-A Railroad Real Property of Intrastate Railroad Companies·Art. 4 Exemptions
§ 489-i. Earnings ratio. The commissioner shall determine the earnings\nratio for each railroad company by ascertaining the ratio of its average\nrailway earnings to its system reproduction cost, computed to the\nnearest hundredth of one per cent.\n

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